Mumbai Sep 17 (IANS) The key Indian equity indices provisionally closed deep in the red on Monday as the S&P BSE Sensex lost more than 500 points and the NSE Nifty50 slipped by around 140 points amidst negative global cues on concerns over the US-China trade war escalating.
Sector-wise heavy selling pressure was witnessed in banking consumer durables and auto counters.
At 3.30 p.m. the wider NSE Nifty50 provisionally closed at 11 377.75 points lower by 137.45 points or 1.19 per cent from the previous close of 11 515.20 points.
The S&P BSE Sensex which had opened at 38 027.81 points provisionally closed at 37 585.51 points lower by 505.13 points or 1.33 per cent from the previous close of 38 090.64 points.
It touched a high of 38 027.81 points and a low of 37 548.93 points during the day s trade.

--IANS ravi-rv/vm